When buying real estate, it is often heard that property rights are divided into 40 years, 50 years and 70 years. For many novices, it may be confusing. In fact, commercial housing is divided into ordinary houses and apartment houses, of which 50 years of real estate belongs to apartment houses. What are the advantages and disadvantages of a 50-year-old house?

Advantages of 50-year-old property houses

1, the house is in a good location.

Generally speaking, apartment buildings with 50-year property rights are commercial buildings, which often have a good geographical location and are surrounded by bustling commercial areas. Convenient transportation and mature facilities. Buying such a property can be rented to some companies as offices, for personal use or for rent, and the rent is much higher than that of ordinary houses, which is the first choice for investment.

2. Low purchase threshold

Generally speaking, the price of a 50-year-old apartment is lower than that of an ordinary house, and the apartment type is smaller. The whole price is acceptable to most people, so it is very sought after, which is a good way for young people who buy a house for the first time.

3. Not affected by purchase restriction

At present, most cities in China have restricted purchases, and the purchase of residential properties needs to meet various restrictions. However, there is no corresponding restriction policy for apartment buildings. For investors, it is impossible to buy ordinary residential investment, so you can choose apartments as the first choice for investment.

Disadvantages of 50-year-old property right house

1, the transaction tax is high.

Because the 50-year-old apartment is a comprehensive commercial and residential land, due to different charging standards, the tax generated by the second transaction is higher.

2. The cost of living is very high

At present, houses with 50-year property rights charge commercial prices according to the commercial use regulations, which is about 1 times that of civil water and electricity, and it costs a lot of living expenses every month.

3. Loan restrictions

At present, the property purchased for more than 50 years belongs to the commercial nature, so we can only use commercial loans instead of housing provident fund loans, and the maximum loan amount can only be 50% of the total house price, and the longest loan time is 10 year.

In fact, compared with the advantages and disadvantages of 50 years of property rights, there are many advantages, but the living comfort is low, but as an investment, it is the only choice. As for how to choose, it depends on personal needs.